Compass Minerals International (CMP) Scheduled to Post Quarterly Earnings on Monday

Compass Minerals International (NYSE:CMP) is scheduled to be announcing its earnings results before the market opens on Monday, October 21st. Analysts expect the company to announce earnings of ($0.46) per share for the quarter. Compass Minerals International has set its FY 2024 guidance at EPS.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Tuesday, September 17th. The basic materials company reported ($1.01) EPS for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.34). The business had revenue of $202.90 million during the quarter, compared to the consensus estimate of $201.86 million. Compass Minerals International had a positive return on equity of 4.53% and a negative net margin of 14.81%.

Compass Minerals International Stock Performance

Shares of NYSE CMP opened at $13.54 on Friday. Compass Minerals International has a 12 month low of $7.51 and a 12 month high of $27.74. The company has a market cap of $559.66 million, a P/E ratio of -6.48 and a beta of 1.11. The business’s 50 day moving average is $10.52 and its two-hundred day moving average is $11.75. The company has a quick ratio of 1.15, a current ratio of 2.98 and a debt-to-equity ratio of 2.25.

Analysts Set New Price Targets

CMP has been the topic of a number of recent research reports. StockNews.com upgraded shares of Compass Minerals International to a “sell” rating in a research note on Wednesday, September 18th. BMO Capital Markets reiterated a “market perform” rating and set a $20.00 target price on shares of Compass Minerals International in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $31.00.

About Compass Minerals International

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.